Prepare the tax return for Bryan Connel

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Reference no: EM13912040

Use the following information to prepare the tax return for Bryan Connel. Use Form 1040, schedule B, Form 3903, and Form 8863. this problem is suitable for manual preparation or computer software application.

Bryan Connel (SSN 573-99-5878) works as a manager for an oil company. In october 2014, he was relocated by his employer from Houston, Texas to Wichita Falls, Kansas. His moving costs include $ 230 for an airline ticket and $ 5,300 that he paid to a local moving company. His employer reimbursed him $ 3,000 for the move. This amount was not included in his W-2 wages. His taxable wages for 2014 were $ 132,900, from which his employer withheld $ 9,450 and $1,900, respectively for federal and state income taxes.

During 2014, Bryan paid $ 6,000 for tuition for his dependent daughter, April ( SSN 549-43-5584) Connel. April (age 20) attends the University of Houston full-time. She entered her sophomore year during 2014. April lives with Bryan when she is not in school. The University of Houston is located at 4800 Calhoun Road, Houston, Texas 77004.

Bryan is divorced. During 2014, he paid alimony totaling $ 50,000 to his ex-wife, Anne Connel (SSN 558-99-5377). His only other income include $ 4,250 of interest from a Texas Commerce Bank certificate of deposit and $ 1,840 of interest from State of Ohio government bonds. He does not have an interest in any foreign accounts or trusts. Bryan lives at 1143 W. Adam Ave., Wichita Falls, KS 76300. Bryan uses the standard deduction, is is under age 65, and has good eyesight. He signs and dates his return on april 10, 215.

Reference no: EM13912040

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